31
Map
707 Moonlight Bay DR
About This Property
The Coves on Lake Travis is a boutique waterfront neighborhood where residents enjoy privacy, tranquility, and thoughtfully designed amenities. A small private marina makes it easy to launch onto Lake Travis for boating and water sports, while a waterfront park and gazebo with cooking stations and picnic tables provide a scenic spot to gather with family and friends. For recreation on land, the community offers pickleball and tennis courts as well as walking trails that wind through the Hill Country landscape, allowing you to soak in the natural surroundings.
Beyond the community, you'll love being part of Spicewood-a peaceful corner of the Hill Country known for its wineries, rolling hills, and wide-open skies-while also enjoying the convenience of nearby Lakeway, the Hill Country Galleria, and all the shopping, dining, and entertainment of Austin. Families will also appreciate that the property is located within the highly acclaimed Lake Travis Independent School District.
Whether you're envisioning a private weekend escape or a full-time residence, 707 Moonlight Bay offers a unique opportunity to secure acreage in one of the most sought-after waterfront communities on Lake Travis. This 2.68-acre lot is the perfect canvas to create your Hill Country dream home, where the unmatched beauty of Spicewood and Lake Travis become part of your everyday view.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 31, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Mar 12, 2026 | Relisted | $475,000 | |
| Relisted | |||
| Mar 5, 2026 | In contract | - | |
| In contract | |||
| Mar 1, 2026 | No longer available | - | |
| No longer available | |||
| Nov 11, 2025 | Listed by Douglas Elliman Real Estate | $4,000,000 | |
| Listed by Douglas Elliman Real Estate | |||
| |||
|
707 Moonlight Bay | The Coves on Lake Travis | Spicewood, Texas
To Be Built – Hilltop Transitional Barn-Inspired Masterpiece
Set within the gated waterfront enclave of The Coves on Lake Travis, this to-be-built architectural estate embodies the perfect blend of contemporary design and Hill Country warmth. Inspired by a “Hilltop Transitional Barn,” the home spans 5,755 square feet of heated living space and more than 9,000 square feet under roof, offering an elevated yet inviting retreat surrounded by panoramic Hill Country views.
The main living area embraces open-concept living with a seamless flow between the gourmet kitchen, dining, and great room. A chef’s kitchen anchors the space with an oversized island seating eight and high-end finishes throughout. Floor-to-ceiling glass doors open to an expansive 800-square-foot outdoor living and dining area, complete with a fire pit, dual bars, and a negative-edge pool and spa that frame sweeping Hill Country vistas.
Designed for comfort and entertaining, the home includes three living areas, a first-floor media/game room with full bar and wine cooler, and a second upstairs entertainment space with a terrace overlooking the hills. The primary suite features a private coffee patio, indoor coffee bar, and a hidden passage connecting to the study/library, which opens onto a trellised courtyard with an outdoor fireplace.
Additional highlights include a hidden safe room, utility with craft and mud areas, outdoor shower, and a four-car garage with a single-party bay opening to the recreation area.
Residents of The Coves enjoy exceptional amenities including a private marina, waterfront park, sport court, and paddle courts, all within minutes of Spicewood’s wineries, golf, and the natural beauty of Lake Travis.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Coves on Lake Travis
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,200 /mo
- 3 Beds
- 2 Baths
- 1,661 ft²
$2,400 /mo
- 3 Beds
- 2 Baths
- 1,721 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017